Tuesday's Daily Pulse

What you need to know about Florida Today

Foreign investors, most with cash in hand, paid about $70,000 more for houses in Florida than home buyers overall did this past year, though they constituted a smaller share of the state's resale market from mid-2011 through mid-2012 than they had the previous year, according to a new report by Florida Realtors. [Source: Orlando Sentinel]

While Republican National Convention officials erred on the side of caution Monday by canceling scheduled events, local economic development officials marketing Tampa Bay proceeded with the first day of a “Front Row Tampa Bay,” a live web broadcast showcasing the region's business climate. Read full story from Florida Trend.

All week we'll be sharing a roundup of stories from the Republican National Convention in Tampa and its effects on Florida.

In troubled times, many people turn to their faith, which may explain why faith-based travel has been gaining momentum in recent years. More operators are entering the marketplace, and more participants are taking journeys to sites with religious significance. [Source: Miami Herald]

Florida Trend Exclusive Florida Icon: Charles E. 'Chuck' Cobb Jr.

Charles E. 'Chuck' Cobb Jr.[Photo: Daniel Portnoy]

The Senior managing director/CEO of Cobb Partners tells us:

» I am a little bit of a frustrated professor. I’m very philosophical about business strategy, about government, about policy, about religion. I tend to out-think, out-analyze almost every problem there is. Sometimes maybe too analytical.

Most people give little thought to the packaging that surrounds almost everything consumers buy: Soup in a pouch, a roll of foil or plastic wrap, motor oil in a resealable plastic jug with a built-in handle. But helping other manufacturers and food processors package their goods is how a number of companies in Florida now make a profit. [Source: Sarasota Herald-Tribune]

ALSO AROUND FLORIDA:

› Independent cabbies bemoan lack of business[Orlando Sentinel] They hold occupational licenses from Orange County. But without permits from the city of Orlando, which requires them to lease cars from one of taxi companies contracted by the city, they can't pick up fares downtown or at the airport – though they can drop off customers.

› Airlines differ on Isaac rebooking policies [AP] As Isaac sweeps the Gulf of Mexico, airlines with flights to and from the region this week are waiving their normal fees for passengers to rebook trips. So-called change fees can be as high as $150 on a domestic trip. While it's nice that airlines aren't charging you to rebook, the time you have to take your trip depends on your carrier.

› Altavian gets 5-year contract from Army Corps [Gainesville Sun] Gainesville company Altavian announced Monday that it had received a five-year contract from the U.S. Army Corps of Engineers to maintain and support its unmanned aircraft used for surveys and inspections in Florida and Puerto Rico.